Rick’s Featured Trade Ideas
WWW/Long (Footware) WWW kicks the trade off with a bullish piercing candle back in mid-January followed by a bullish T-Line™ run. Profit-taking took place below the T-Line™, and the Bulls were able to put together a morning star pattern followed by a Doji continuation pattern along with a Bullish J-Hook continuation.
Hit & Run Members and Trading room: We took a stroll to the bank on ICON, FCX, ATI, GMRN, FOSL, TMST, USO and NHTC —$$$. If you are frustrated we can help!
WWW Plan your trade & trade your plan February 18, 2016
Possible entry plan idea: Buy Box $Members Only
Possible stop plan idea: Stop Below $Members Only
Risk Reward 8:1 depending on entry/exit/stop
SPY Attitude: (2-T-Line™ up/T-Line™ 34 down) Another great day for the Bulls closing up 1.63% at $192.88, well within our expected target area. On the daily chart, the SPY is on the verge of breaking out of a bullish ‘W’ pattern. If the Bulls can manage to control the $194.63 resistance line, then the next bullish target would be between $200.00 and $202.00. Let’s keep in mind that the SPY could have a relapse and the old mama bear could come back out. If
Continue Reading
Rick’s Featured Trade Ideas
JOY/Long (Farm Equipment) JOY has broken out of its down trend forming a cup & handle, a flag or J-Hook breakout and a line of support at $10.40.
$$$—Hit & Run Members were alerted to BAP on February 10, now a T-Line™ and gap to boot. BAP has produced 12% —$$$. We will teach you how.
JOY Plan your trade & trade your plan February 17, 2016
Possible entry plan idea: Buy Box $Member Only
Possible stop plan idea: Stop Below $Member Only
Risk Reward 10:1 depending on entry/exit/stop
SPY Attitude: (MA trend down/price relief rally underway) Price did close over $187.95. As mentioned yesterday, price should push between $191.20 and $194.60. A close over $191.20 will help the bulls pull the T=Line™ over the 34-ema on the 4-hr chart. The 2-hr chart has now gone bullish on the T-Line™ chart.
Continue Reading
Rick’s Featured Trade Ideas
ATI/Long (Metal Fab) After forming a bullish piercing candle and double bottom, ATI has painted a bullish picture of higher highs and higher lows. Currently, it has a rounded bottom breakout and a bullish morning star signal leading to a J-Hook continuation pattern.
$$$—Hit & Run Members were alerted to STRP on January 20, now a perfect T-Line™ Run that has produced 90% —$$$. We teach how to find and trade, trades like this.
ATI Plan your trade & trade your plan February 16, 2016
Possible entry plan idea: Buy Box $Members Only
Possible stop plan idea: Stop Below $Members Only
Risk Reward 5:1 depending on entry/exit/stop
SPY Attitude: (MA trend down/price relief rally underway) A close over $187.95 would likely move price to between $191.20 and $194.60. We currently have a minor trend change to bullish on the four-hour chart and a close over $191.20 would likely produce an intermediate bullish trend change.
All candlestick traders have certain candlestick patterns that they favor, and one of mine is a gap down and not just one but two Doji’s together and then a gap
Continue Reading
